There are a few reasons behind this logic and they include, but are not limited to Product based Company are risky. Social networking is the big concept that companies seem to either be struggling with or getting into without a sweat. Like most, you no doubt work hard every day, some days harder than others. You earn a wage that pays the bills and probably a family trip to the movies every week. Perhaps you save up through the year and enjoy a trip away during your holiday/vacation time. I am not a believer in categorizing people and do not mean to do so here, except for explanation purposes. Acquiring in-depth knowledge about products and services-based companies is extremely crucial for its employees. With accurate product information, sales and marketing representatives of the organization will be able to offer valuable advice to customers depending on their requirements. Hence, imparting product training in the most effective and flexible way is of paramount importance. However, delivering product training is not as easy as it sounds. Organizations need to cope up with various challenges in order to achieve the best results through training. Product based company make products such as Oracle, Adobe Photoshop, and they usually sell them to more and more customers. More often, product-based companies do not sell anything tangible, whereas service-based companies typically provide services that may not be tangible. For example, a soft skill training institute provides training and helps you choose new skills. The service rendered in this case is not tangible. Service-based companies such as TCS, Wipro, etc. usually use products made by product based company (Oracle, Photoshop, Premiere Pro) for various purposes. The Income-Bazzar is also a Product-based company that provides health-related products to boost immunity and protect from disease.